Gazprom

Gazprom reports massive profit slump in first half

Russia's energy giant Gazprom announced that net profit fell 25-fold in the first half of 2020 due to the economic crisis triggered by the coronavirus pandemic and low oil and gas prices. The state-controlled group posted a net …

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Russia's Gazprom says H1 gas exports to Europe fell 18%

Natural gas exports from Russia's Gazprom to Europe, including Turkey, fell 18% in the first half of the year to 78.94 billion cubic metres from 96.43 bcm a year earlier, the company reported on Thursday, Reuters reports. The sharp …

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Poland fines Gazprom $57 million over Nord Stream 2

Poland’s anti-monopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project. Poland sees Nord Stream …

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Gazprom says signs key deals to build Ust-Luga plant

The key agreements for construction of a gas refinery and liquefaction plant in the port of Ust-Luga have been signed, Russian gas giant Gazprom said in a statement. "Several key agreements have been signed today in St. …

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Gas transit from Russia to Europe via Poland stopped

Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday.  According to the results of the previous auction, the Polish section of the pipe was booked only …

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Poland, Russia to cut decades-old gas transit ties

A gas transit deal between Russia and Poland that expires later this month will not be renewed, Russia’s Gazprom said, as Warsaw aligns its energy regulations with European Union rules and curbs its decades-old dependence on Russian fuel, …

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Germany to decide on Nord Stream 2 by mid-May

The German Federal Network Agency (BNA) intends to make as soon as possible a final decision on the request of the Nord Stream 2 operator, Nord Stream 2 AG, to exempt this pipeline from the EU Gas Directive, the representative of the agency, Fite …

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Ukraine may submit new gas questions to Gazprom

The supervisory board of NJSC Naftogaz Ukraine will consider the possibility of filing new lawsuits against Russia's Gazprom for the total amount of $17.3 billion, Naftogaz Executive Director Yuriy Vitrenko said. "My team …

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